Tenaya Capital is an early growth technology focused venture capital fund. With $1.5 billion assets under management, Tenaya is an active enterprise and consumer technology investor that strives to partner with companies early in their journeys, typically at the Series B and Series C stage. Tenaya Capital generally invests in a venture-backed company's second or third institutional round, at a point when it has a product or service that's starting to generate market traction (though it considers early or later stage investments on a selective basis). Founded in 1995 as Lehman Brothers Venture Partners, Tenaya spun out to become an independent firm in 2009 following Lehman's bankruptcy. Tenaya Capital is currently investing from its seventh fund a $450 million vehicle raised in 2015. Tenaya Capital has offices in the San Francisco Bay Area and the Greater Boston Area.